Garware Hi Tech Films consolidated net profit rises 41.89% in the March 2022 quarter

Sales rise 12.43% to Rs 323.51 crore

Net profit of Garware Hi Tech Films rose 41.89% to Rs 45.12 crore in the quarter ended March 2022 as against Rs 31.80 crore during the previous quarter ended March 2021. Sales rose 12.43% to Rs 323.51 crore in the quarter ended March 2022 as against Rs 287.74 crore during the previous quarter ended March 2021.

For the full year,net profit rose 32.74% to Rs 167.18 crore in the year ended March 2022 as against Rs 125.95 crore during the previous year ended March 2021. Sales rose 31.71% to Rs 1302.63 crore in the year ended March 2022 as against Rs 989.03 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales323.51287.74 12 1302.63989.03 32 OPM %17.0518.01 -18.2822.04 - PBDT66.0053.23 24 259.25214.06 21 PBT58.8046.61 26 231.06190.08 22 NP45.1231.80 42 167.18125.95 33

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